Adriana Lima and Marko Jaric break up

People Magazine reported that the couple who wed back in 2009 and who have two children, will be separating.

The couple released a statement that echoed respect for one another and that they wish to focus on their children at this time. "After long and careful consideration, we have decided to separate after five years of marriage,” the joint statement said.

"We are grateful to be the parents of two incredible young daughters that we will continue to co-parent. We would greatly appreciate your respect for our family’s privacy as we begin this delicate next chapter for all members of our family.”

The two met at a party Los Angeles back in 2006 and got engaged on Lima's 27th birthday. The couple were married Valentine's Day back in 2009 during a private civil ceremony which took place in Jackson Hole, Wyoming, Entertainment Weekly added.